Revenue eBrief No. 234/20: Finance Act 2020 – VAT Notes for Guidance (Definition Immovable goods, Flate-rate farmers, …)

• VAT for certain activities in the hospitality and tourism sector to reduce from 13.5% to 9% from 1 November 2020 through to December 2021.
• The flat-rate addition for farmers (which compensates non-VAT registered farmers for irrecoverable VAT on their input costs) to increase from 5.4% to 5.6% from 1 January 2021.

Source Revenue.ie